*2.95% INTRODUCTORY OFFERFIXED RATE for ONE YEAR, THEN PRIME THEREAFTER.

HOME EQUITY LINE OF CREDIT...a convenient way to borrow.

Disclosures:HEMLOC: *2.95% Introductory APR (Annual Percentage Rate) for one year. APR will change to a variable rate of prime + 0% after one year. ***Prime is 5.00% as of 6-19-2018. Floor Rate: 4.00% / Rate cap is 13.50%. You may at any time convert a portion of your line to a fixed rate for a specified period up to 10 years. You will need to contact the Association to determine your rate based upon terms requested.** No closing costs means CFS&L will pay normal closing fees including title search and NYS mortgage tax and filing fees. Abstract of title must be provided by borrower. These fees typically range from $200 to $750 plus NYS mortgage tax equal to 1/2 to 1% of the mortgage. At CFS&L’s discretion, tax assessment will be used to determine property value; however, if an appraisal is required, the borrower will be responsible for this cost. Borrowers are responsible to reimburse CFS&L if loan is paid off and mortgage discharged within 3 years of closing. All loans are subject to complete qualification of borrowers and subject property. Offer valid on new loans only.